Airbnb (ABNB): Shares fell in extended trading just after the corporation warned of slowing fourth-quarter growth. Airbnb expects Evenings and Ordeals Booked development to average a bit relative to the third quarter on a yr above year basis, because of in portion to tension from Fx headwinds. For the third quarter, Airbnb posted its most lucrative quarter and file profits, though active listings rose 15% from a year ago. Evenings and Encounters booked rose 25% from a calendar year in the past to 99.7 million.
Highly developed Micro Devices (AMD): Shares pushed better in extended investing just after the chipmaker posted outcomes that had been ‘better than feared,’ CFRA’s Angelo Zino instructed Yahoo Finance. Profits for the quarter was 5.6 billion whilst modified earnings have been 67 cents per share. Fourth-quarter profits direction of $5.2 billion to $5.8 billion skipped Wall Street’s expectations.
Mondelez (MDLZ): The corporation lifted its revenue and earnings forecasts and posted third-quarter effects that conquer anticipations, pushing shares larger just after hrs. Revenue were $7.76 billion, up 8.1% from a 12 months ago. CEO Dirk Van de Put wrote in the earnings launch, “Our 3rd-quarter performance demonstrates the resilience of our snacking classes, strength of our brand names, wide-based mostly net income expansion of each our emerging and designed marketplaces, successful execution of pricing, and sound volume advancement, enabling us to elevate our total-yr revenue and earnings outlook.”
Digital Arts (EA): The enterprise reduce its comprehensive-year web bookings finance to $7.65 billion to $7.85 billion, down from its preliminary forecast of $7.9 billion to $8.1 billion. For the fiscal second quarter, EA’s web reserving declined 5.2% from a year ago to $1.75 billion when complete video game income declined 2.4% calendar year-over-calendar year to $602 million.
Match (MTCH): Shares rose soon after the company’s fourth-quarter earnings topped estimates. Revenue for the quarter ended up $809.5 million, up 1% from a calendar year in the past. Match also outlined ideas to handle expenses, noting in the shareholder letter “Because we count on a complicated functioning environment for the foreseeable long run, we plan to speed up our efforts to manage charges, in particular in headcount-connected costs and internet marketing expend, in other regions of the business enterprise.”
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